M&M Finance: TRIANGLE Pattern
Analysis:
1) A strong triangle pattern is in formation.
2) The support and resistance lines are converged and the pattern is on the verge of breakout as can be witnessed from the chart.
The stock might give a bullish breakout and in that scenario 153 can be the stop loss level with 190 as target level.
Disclaimer: These analysis are only for educational purposes only. Plan your trade wisely. You are responsible for your own actions.
1) A strong triangle pattern is in formation.
2) The support and resistance lines are converged and the pattern is on the verge of breakout as can be witnessed from the chart.
The stock might give a bullish breakout and in that scenario 153 can be the stop loss level with 190 as target level.
Disclaimer: These analysis are only for educational purposes only. Plan your trade wisely. You are responsible for your own actions.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.